Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 29 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected company appeals related to insolvency proceedings involving M/s. Solar Semiconductor Energy Systems (India) Pvt. Ltd. The first appeal (Company Appeal (AT) (CH) (Ins) No. 436/2025) was filed by Pradeep Kumar Sekar & Anr. against M/s. Solar Semiconductor Energy Systems (India) Pvt. Ltd., represented by Resolution Professional Mr. Murali Prasad Nalam, and another respondent. The second appeal (Company Appeal (AT) (CH) (Ins) No. 484/2025) was filed by M/s. Sri Nandi Buildcon (formerly M/s. Sri Nandi Green Solar) against M/s. Solar Semiconductor Energy Systems (India) Pvt. Ltd. and another respondent. Both appeals were represented by advocates during the hybrid mode hearing.
Final Outcome
The NCLAT bench listed both appeals for admission hearing on August 4, 2026, under the caption "For Admission (After Notice)". The tribunal ordered that the interim order granted on September 10, 2025, in Company Appeal (AT) (CH) (Ins) No. 436/2025 would continue to operate until the next date of listing. This represents a procedural extension of existing interim relief rather than a final determination of the appeals.
Topics: Insolvency Appeals, Interim Relief, NCLAT Proceedings